Guest post: ‘More mystery and misinformation’ – welcome to a world without the AmLaw 100 Legal Business We’re now well into the Am Law 100 season. My former colleagues at The American Lawyer have published their biggest…
Braham wins Freshfields senior partner election with Pugh and Eilers to serve as co-managing partners Legal Business After a three-way contest, the front-runners Edward Braham (pictured) and Christopher Pugh have won Freshfields Bruckhaus Deringer’s leadership election with Braham…
PEP soars at Pinsent Masons as turnover grows 12% to £362m Kathryn McCann Pinsent Masons, saying it is seeing increasing benefits from its 2012 McGrigors merger and its growing international offering, is the…
C-suite hires: Reed Smith brings in BLP’s leading KM director Dillon and new CIO Legal Business US firm Reed Smith has hired Berwin Leighton Paisner’s (BLP’s) chief knowledge director Lucy Dillon, a hire indicative of knowledge…
DWF overhauls business model with launch of consultancy, paralegal and flexible lawyer offerings Kathryn McCann National firm DWF has launched a range of new client services as it seeks to overhaul its business model including…
Proskauer continues City ramp-up with Bakers’ private equity rainmaker Bertrand-Delfau Tom Moore Intent on building out the firm’s private equity practice in London, Proskauer Rose has hired one of Baker & McKenzie’s…
Olswang’s entire Berlin office in talks with Freshfields and MoFo alongside other international firms Legal Business Following news yesterday (18 June) that 13 equity partners are exiting Olswang’s Berlin outpost, it has emerged that the entire…
20% revenue growth at Stephenson Harwood sees turnover top £145m with PEP surging to £763,000 Legal Business Stephenson Harwood has posted a 20% rise in revenues to £145m for the 2014/15 financial year, boosted by receipts from several…
GC Power List – the 2015 Summer Reception looms Legal Business In a shameless shout-out for my own shop, I’m making up this opportunity to highlight what is already one of…
13 partners to go in Germany as Olswang announces ‘decoupling’ of Berlin arm Legal Business Olswang has announced that 13 German equity partners, specialising mainly in corporate and finance, will be leaving the firm later…
Revitalised Nabarro posts 8% revenue growth, a 21% PEP leap and sets out new strategy Legal Business After flat turnover growth in recent years, Nabarro has recorded £126m in revenue for the 2014/15 financial year, an 8% rise on…
‘You can’t buy loyalty’ – Fieldfisher’s Lohn on the dos and don’ts of making the lateral hiring game pay off Legal Business For most law firms, growth connotes success. Strategies to deliver the desired growth will usually rely on a steady, sometimes…
Mishcon picks consultancy duo to lead strategy review as firm examines pay structure Legal Business City firm Mishcon de Reya has appointed external consultant duo, Alan Hodgart and Robbie Cowan, to help shape its 10-year…
FCA fines triple to £1.5bn in 2014 but drop off expected as regulators switch focus to individuals Legal Business After the landmark fines issued to banks over Libor and foreign exchange market manipulation, the Financial Conduct Authority (FCA) saw…
Financials 2014/15: TLT passes £60m in revenue with 8% growth Kathryn McCann Bristol-headquartered TLT has continued a string of strong financial performances in recent years by growing turnover 8% in the 2014/15…
A&O mulls changes to junior lawyer pay structure as it looks to keep pace in associate salary race Sarah Downey This second quarter has seen Allen & Overy (A&O) launch a comprehensive review with external consultants drafted in to look…
Simmons breaks into growing legal product market with start-up tool targeting hedge funds Legal Business Seeking to turn the City’s next big hedge funds into clients, Simmons & Simmons has entered the growing legal product…
CC loses City finance partner to Milbank as Pinsents benefits from German exits with IP hire Legal Business Pinsent Masons has become the latest firm to benefit from the on-going travails of Clifford Chance’s (CC) German offering with…
Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence Legal Business Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team…
PwC Legal hires Mayer Brown’s former German chief in financial services drive Legal Business PwC Legal has expanded its German legal team with the hire of Mayer Brown banking and finance partner Jorg Wulfken…